Marel — Board/Management Information 2014

Sep 23, 2014

Marel appoints Head of Global Innovation

Marel appoints Head of Global Innovation

Marel has appointed Vidar Erlingsson as Head of Global Innovation. The position
is new at Marel. The Head of Global Innovation will become a member of Marel's
Executive Team and report directly to Arni Oddur Thordarson, CEO of Marel.

Arni Oddur Thordarson CEO of Marel:

“This appointment reflects Marel's ongoing commitment to innovation. As Head of
Global Innovation, Vidar will be responsible for driving and implementing the
global innovation vision and strategy of Marel across the organization,
prioritizing further innovation activities and shorten the “time to market”.

Vidar has shown great leadership talent and I am convinced that he will in his
new role successfully lead the innovation team. Under his leadership the team
will continue to bring break-through solutions to the market. In addition to
increased yield and throughput, Marel solutions increase quality, safety and
sustainability of food processing. Continuous flow of innovative solutions is a
key driver of Marel's organic growth”.

Vidar Erlingsson is 39 years old and is an experienced manager of innovative
teams with a proven record of entrepreneurial leadership. He was instrumental
in developing the Sensor X technology within Marel and played a key role in
bringing the solution to commercial success. The Sensor X plays essential role
in increasing food safety and quality as many of the most forward looking
global food processors use the solution to detect bones and other contaminants.
The technology is now moving into other areas such as minced meat fat analyzes
and control unit in precise cutting of poultry, meat and fish.

Vidar has a M.Sc. degree in engineering from DTU in Denmark and a B.Sc. degree
in electrical and computer engineering from the University of Iceland. He has
been with Marel's innovation team for the last 14 years thereof heading the
Product Center Inspection for the last 4 years.

For further information, contact:
Linda Jonsdottir, Corporate Director of Treasury and IR, tel: (+354) 563 8464 /
mobile: (+354) 825 8464).
Audbjorg Olafsdottir, Investor Relations Specialist, tel: (+354) 563 8626 /
mobile: (+354) 853 8626)